WASHINGTON – The U.S. Small Business Administration published an Advanced Notice of Proposed Rulemaking that seeks comments on potential changes to the regulations governing its Export Loan Programs. SBA’s Export Loan Programs provide access to capital for U.S. small business concerns to support expansion into international markets and the growth of U.S. small business exports. SBA is soliciting comments on how the agency can improve the products, procedures, forms, and reporting requirements of the Export Loan Programs.
Feedback will be used to modernize the Export Loan Programs, increase lender participation and usage, ensure that U.S. small businesses can finance their international sales, and increase U.S. small business exports. The SBA is seeking public comments on the ANPRM by Nov. 18.
To submit comments, visit www.federalregister.gov/documents/2019/09/17/2019-20048/export-express-export-working-capital-and-international-trade-loan-programs.
To learn more about how the SBA supports U.S. small business exporters, visit www.sba.gov/offices/headquarters/oit.
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small-business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.
Submitted by the U.S. Small Business Administration.